When it comes to business, time is very important. Time spent sending documents is usually wasted time, which is unproductive and results in zero profits nor sales for the company. It’s the worst kind of profit drain on a company’s bottom line.
On the flip side, if a business owner gets more time as a result of not needing to travel around Singapore’s congested roads and deliver documents, it means that he or she will now have more time to build and work on the business. If an administrative employee does not need to run such errands and can instead work on matters which will result in more profits to the firm, the business can make more profit off that very same employee – because that employee now does not waste much time taking the public transport and travelling around Singapore like a mad person.
This is one of the reasons why businesses in the 21st century love to outsource. Accounting functions are usually outsourced to audit firms, local courier deliveries are usually outsourced to a local Singapore courier service company, and even hiring is outsourced to human resource consulting firms.
Saving time is important, especially when it comes to hyper competitive business markets in Singapore. It is important for employees to conserve their time and put them into growing a company’s top or bottom line if the company wants to make more money and create more value for shareholders.